9) If the simple interest on a sum of money is1/3 of the sum in 3 years, find the rate of interest per annum please attach the answer with this
please attach answer with this
Answers
Answered by
1
Answer:
Let the principal be P.
Rate of interest be R%
According to the question, Time=R
Simple interest =
9
4P
.
SI=
100
(PTR)
⇒
9
4P
=
100
(PTR)
⇒
9
4P
=
100
(P×R×R)
⇒
9
4P
=
100
(P×R
2
)
⇒
9
4
=
100
R
2
⇒R
2
=100×
9
4
⇒R=10×
3
2
=
3
20
Therefore, rate of interest is
3
20
% or 6
3
2
%.
Answered by
2
Answer:
kaushalendra uddhamiyon Raj
9) If the simple interest on a sum of money is1/3 of the sum in 3 years, find the rate of interest per annum please attach the answer with this
please attach answer with thisStep-by-step explanation:
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